George A. Hormel Net Worth

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He was a self-made millionaire who started his business with a $500 loan from his father. He was able to build a successful business and amassed a net worth of $2.47 million. He also earned a salary of $1.5 million per year. George A. Hormel was a self-made millionaire who founded the Hormel Foods Corporation, makers of canned meats and SPAM. Born in 1860, he started his business with a $500 loan from his father and was able to build a successful business, amassing a net worth of $2.47 million and earning a salary of $1.5 million per year.
George A. Hormel is a member of Entrepreneur

Age, Biography and Wiki

Birth Day	December 4, 1860
Birth Place	New York
Age	159 YEARS OLD
Birth Sign	Sagittarius

💰 Net worth: $2.47 million (2024)

George A. Hormel, a renowned entrepreneur based in New York, has amassed a significant net worth of approximately $2.47 million, according to estimates for the year 2024. Hormel's success can be attributed to his exceptional business acumen and strategic decision-making in the industry. As an entrepreneur, he has expertly navigated the competitive landscape and established himself as a prominent figure in the business world. With a stellar track record of accomplishments, George A. Hormel continues to inspire budding entrepreneurs with his remarkable achievements and unwavering dedication to success.

About

Founder of the Hormel Foods Corporation, makers of canned meats and the ever-popular SPAM.

Before Fame

He worked a variety of odd jobs throughout the Midwest.

Trivia

His company started out in the meatpacking business.

Family Life

He had a son Jay with his wife Lillian.

Associated With

He followed Henry Ford's example and insisted on paying his employees well and giving them good benefits.

Tags 1860 births New York Entrepreneur New York net worth Entrepreneur net worth richest Sagittarius money

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.